scholarly journals Economic Growth, Economic Development, and Poverty: A Bibliometric Analysis

2021 ◽  
Vol 8 (1) ◽  
Author(s):  
Amra Babajic ◽  
◽  
Mirza Suljic ◽  
Sanel Halilbegović ◽  

: The pertinacious problem of poverty in the world questions whether the existing mechanisms are effective in the poverty reduction process. Exploring this field has intensified since 1989, and this research provides an overview of the theoretical and empirical research that addresses economic development and poverty. Bibliometric analysis is performed, which includes names of the most common authors, journals, and countries of publications, as well as the frequency of words and expressions in the existing literature. Bibliometric units are researched from the Scopus database using keywords "economic development", "economic growth" and "poverty". The main contribution of this analysis is the review of existing literature addressing the key issues and identifying theoretical and empirical research in the field of economic development and poverty. This is the first study of its kind where scientific attention is being paid to economic growth, economic development, and poverty by the most influential journals and most prominent authors in economics.

Author(s):  
Sue Claire Berning ◽  
Judith Ambrosius

The purpose of this paper is to critically analyze the economic development impact of multinational enterprises (MNEs) in developing countries. In particular, the relationship between MNEs' developmental effect on economic growth and poverty reduction and their use of human resource management (HRM) practices will be examined. The regional focus will be on Chinese MNEs in Africa. The paper is conceptual in nature by analyzing relevant key literatures, investigating cases of Chinese MNEs in Africa, and finally deriving a systematic conceptual framework.


Author(s):  
Matthew McKeever

The nature of the relationship between economic development and income inequality has long been the subject of considerable debate. Economic growth has very different effects on poverty, depending on a country’s level of income inequality. In high inequality countries, economic growth that raises the overall level of income disproportionately tends to benefit the rich, whereas policies that encourage economic growth while reducing income inequality will greatly accelerate the achievement of poverty reduction goals. Thus, understanding how income inequality and economic development are linked is important for establishing economic growth policies that reduce poverty. The literature on the economic development–income inequality nexus in industrial society places emphasis on the causes of current social inequality. The central and most cited paper in the literature is S. Kuznets’s “Economic Growth and Income Inequality” (1955), which proposed an inverted U-shaped relationship between development and inequality over the course of industrialization. Some scholars have tried to build upon Kuznets’s theory by focusing on his claim that income inequality is a function of the nature of regulations put on the market. Other studies deal with the importance of studying the relationship between democracy and inequality, the effect of the nature of the government on shaping inequality compared to industrialization, and the implications of globalization for income inequality. This overview of the literature shows that there is little true consensus on the relationship between inequality and development and highlights two major areas for improvement: measurement and data quality.


2016 ◽  
Vol 20 (1) ◽  
pp. 23
Author(s):  
Anisa Nurpita ◽  
Aulia Agni Nastiti

One of the objectives of regional economic development is to increase the economic sector, in which the increasing of economics sector will be beneficial for society. This indicator is important to recognize the condition of the economy in particular region in given period indicated by GDRP (Gross Domestic Regional Product) data of the region or area. Since the enactment of the autonomy then the local Government has bigger role in managing regional economic potential that exists in its territory. Economic growth is one of indicators that affect economic development. Economic development in substance aims to increase public welfare. Yogyakarta province is one of cities on the island of Java with the level of GDRP that keeps increasing each year since 2003 until 2013.In the development process there are also regions that have abundant of natural resources but lacking in human resources, and yet there are also regions that are otherwise lacking in terms of natural resources however have abundant in human resources, both in quality and quantity. This situation then leads to the distinction in development that resulted in the economic growth and disparities welfare in each region.  The research also aims to identify the patterns of economic growth according to Klassen Typology and describe the level of regional disparities between districts/cities in Special Region of Yogyakarta (DIY) Province. The methods of analysis used covers analysis of the Klassen Typology, inequality Williamson Index, and inequality Theil Entropy Index. The results showed classifications according to Klassen Typology, Yogyakarta is concluded in the category of advanced and fast growing area. The index disparities show a pattern of increasing. This implies that development in district / cities in Special Region of Yogyakarta (DIY) Province are increasingly uneven.


ETIKONOMI ◽  
2021 ◽  
Vol 20 (1) ◽  
pp. 13-22
Author(s):  
Md. Qaiser Alam ◽  
Md. Shabbir Alam

The paper examines the response of poverty reduction based on financial development and economic growth in India. The ARDL and ECM based model techniques analyze the long-run and short-run relationship among the variables in the model. The long-run estimates depict that financial development and economic growth have not significantly impacted poverty reduction and, on the other hand, resulted in injecting inequality and becoming attended to wealthier sections of the society. The short-run estimates show that financial development and economic growth have successfully tried to reduce poverty in India. The results flash a long-run nature of poverty in India and need to designs and formulations of policies that should be instrumental in reducing poverty. Impulse Response Functions' application indicates that poverty reduction will act as a catalyst for further poverty reduction in India.JEL Classification: I32, B26, O40, R15How to Cite:Alam, M. Q., & Alam, M. S. (2021). Financial Development, Economic Growth, and Poverty Reduction in India. Etikonomi: Jurnal Ekonomi, 20(1), 13 – 22. https://doi.org/10.15408/etk.v20i1.18417.


2018 ◽  
Vol 14 (22) ◽  
pp. 25
Author(s):  
Dudjo Yen G. Boris ◽  
Sonkeng Germain ◽  
Njong Mom Aloysius ◽  
Tafah Edokat O. Edward

This paper focuses on how education contributes to economic growth. That is to say that there is a significant relationship between the variables of education and the economic growth of Cameroon. Education is therefore a priority for all nations. This shows the prominent place it occupies in the Constitution of almost every state. There are several studies that have focused on the relationship between education and economic growth of the microeconomic perspective, as macroeconomic, both theoretically and empirically. Empirical studies, which have been carried out everywhere around the world, do not agree with the fact that education has a positive effect on economic growth. The estimation results show that literacy rate, however, remains ambiguous and contradictory when OLS is going to GMM. Investing in Literacy is a challenge for development and it is the heart of poverty reduction process at all levels.


Media Ekonomi ◽  
2014 ◽  
Vol 22 (3) ◽  
pp. 221
Author(s):  
Agustina Suparyati

<p>The purpose of this study is to examine the effect of economic development on economic growth. Economic freedom as an indicator of the progress of a country's welfare level consisting of 10 constituent components namely Property Rights, Freedom from Corruption, Fiscal Freedom, Government Spending, Business Freedom or Regulatory Freedom, Labor Freedom, Monetary Freedom, Freedom Trade, Investment Freedom and Financial Freedom. This study uses annual quantitative data in the span of time between 2001-2012 with the object of research in developed countries in Asia (Japan, China, South Korea and Singapore) and developing countries in Asia (Indonesia, Malaysia, Laos, Thailand, Philippines, Singapore and Vietnam ) The results obtained that in ASEAN countries the variables that affect economic growth are variables of right property, business freedom, trade freedom and financial freedom while in developed countries in Asia, the components of influential economic freedom are property right, freedom from corruption, government spending, monetary freedom , business freedom, and financial freedom.</p>


2020 ◽  
Vol 1 ◽  
pp. 45-48
Author(s):  
Olga Efimova ◽  
Elena Makeeva ◽  
Elizaveta Dmitrieva

The world economy as an integrated system has limited growth limits, natural resources are limited, so a new concept of sustainable economic development has emerged, based on a balance of the economy, social goals and ecology. Sustainable development is the development of the country's economy and the global system in which current needs are met without compromising future opportunities. The rapid development of transport infrastructure creates the prerequisites for the sustainable development of centers of macro and microeconomic growth and helps to reveal their potential in the future. The article considers the role of transport as an additional priority for sustainable development at the macro level and the types / functions of connectivity of economic growth centers in the sectoral and regional aspects. In turn, the concept of sustainable development of the transport system involves taking into account the features of the transport system as an object of increased danger and a high degree of influence on the main priorities of sustainable development (economic growth, social system and ecology) of the macroeconomics. It was noted that, on the one hand, the transport system, being part of the country's macroeconomic system, affects the priorities of its sustainable development, and on the other hand, has independent priorities for sustainable development in the field of economic growth and efficiency, social potential and environmental aspects, including issues of ensuring security.


2018 ◽  
Vol 11 (1) ◽  
pp. 91 ◽  
Author(s):  
Chenyu Lu ◽  
Dai Wang ◽  
Peng Meng ◽  
Jiaqi Yang ◽  
Min Pang ◽  
...  

For a specific small-scale region with abundant resources, its copious resources tend to dictate the basic direction of its development, and may subsequently give rise to an industrial structure centered on the advantageous resources. This can give rise to an economic structure that lacks diversity, causing the economic development in the entire local region to fall into the dilemma of the resource curse. The present study conducts a case study from the perspective of small-scale regions, incorporating various types of resource-dependent cities in China, including Qingyang, Jinchang, and Baiyin, to interpret and analyze the resource curse effect by calculating a resource curse coefficient. Moreover, based on the regression model, the present study further discusses the empirical relations associated with the resource curse phenomenon. The results show that, regardless of whether a resource-dependent city is in the early, intermediate or late stage of its resource development, economic development is always plagued by the resource curse effect to a certain degree. Resource development cannot promote economic development, rather, it inhibits economic growth to some extent, resulting in an array of effects that are unfavorable to economic development, rendering the development unsustainable. For different types of resource-dependent cities, resource curse effect exhibits distinct characteristics. The resource curse effect is strongest for a resource-dependent city during an economic recession, is less severe during a development period, and is weakest during maturation. Resource development not only has a direct adverse impact on economic growth, but also often affects economic growth in multiple ways and on various levels through the Dutch disease effect, the crowding out effect, and the institution weakening effect. Until now, most results show that there is no obvious resource curse effect at the national and provincial level. The verification results of small-scale regions show that the resource curse effect at the city level still exists. In addition, the resource curse effect differs across different types of resource-dependent cities.


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